General Fusion awarded DOE funding partnership
Will be working with the Princeton Plasma Physics Laboratory to develop models for magnetized target fusion.
Ballard launches first zero emissions module to power ships
Aligns with aggressive targets (50% lower) for reduction of CO2 emissions in the sector by 2050.
Cleaner LNG one answer to climate change crisis: O’Regan
Hinted at investments in the electrical grid and energy efficiency programs in federal green plan.
Canada missing target to cut methane emissions by 2025
Current regulations will only achieve a 29% cut by 2025 instead of the targeted 40% to 45%.
Ontario will waste more clean electricity due to COVID-19: engineers
38.5 TWh of clean electricity wasted over the last six years shows some policy changes are required.
PetroChina, Ovintiv end joint venture, agree to split Alberta assets
Each to wind up with 13,000 barrels of oil equivalent per day and the same oil and gas reserves.
Oil sands pipeline partly closed following spill near Fort McMurray
Initial reports indicated about 550 barrels or 90,000 litres of light oil were released with no reported impacts.
Only private investment will save Canada’s economy
Generating, rather than consuming government revenues will require a profound reversal by the Trudeau government.
Calfrac says US court sides with company in fight with Wilks Brothers
Calgary well services company calls Wilks a “wolf in sheep’s clothing” whose real goal is a corporate takeover.
Trump administration finalizes coal plant pollution rollback
Utilities to use cheaper technologies and take longer to comply with pollution reduction guidelines.
Obsidian hostile takeover bid for Bonterra shows ‘frustration’
Slow pace of consolidation needed to create larger entities that would be more liquid and resilient and therefore more attractive to investors.
Alberta to outline $20B plus deficit in fiscal reckoning
Debt expected to rise to almost $77 billion by next spring and to almost $88 billion by 2023.
Canadians join lawsuit to overturn Alaska wilderness to energy drilling
The lawsuit alleges the activity will damage the calving grounds of the Porcupine caribou herd
Federal government to join assessment of Teck coal mine expansion in BC
Castle project would increase the area being mined and allow the company to maintain production of steel-making coal at 27,400 tonnes a day.
Suncor shares slip after fire interrupts Fort McMurray oil sands output
Two upgraders at the project are working at minimum rates to process strip-mined bitumen inventory.